# PPP loan: MIDWEST OILSEEDS, INC
> **$1.18M** approved 04/16/2020 · Paid in Full · Loan `2861467200`
## Borrower
- **Name:** MIDWEST OILSEEDS, INC
- **Address:** 22555 LAREDO TRL, ADEL, IA, 50003-4570
- **NAICS:** 311224
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.19M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 79
## Lender
- **Originating:** City State Bank
- **Servicing:** City State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*